SEC 13F Intelligence

Managers / Q1 2019 · view latest →

Gates Capital Management, Inc.

CIK 0001312908 · 1177 AVE. OF THE AMERICAS, 46TH FLOOR, NEW YORK, NY, 10036 · 212-626-1421

Reported Value
$2.2B
Q1 2019
Positions
28
Filings on Record
30
2019–present window
Filed
May 15, 2019
original filing

Summary

Gates Capital Management, Inc. reported $2.2B in U.S.-listed holdings across 28 positions for Q1 2019.

Its largest position, TRL, represents 7.2% of the portfolio.

Compared with Q4 2018, the fund opened 3 new positions and exited 4.

Portfolio Metrics

Turnover
+11.0%
vs prior filed quarter
Top-10 Concentration
+54.1%
share of reported value
Largest Position
+7.2%
Davita
New / Exited
3 / 4
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $1.8BQ4 ’18Q1 ’19: $2.2BQ2 ’19: $2.4BQ3 ’19: $2.3BQ4 ’19: $2.3BQ4 ’19Q1 ’20: $1.5BQ2 ’20: $2.0BQ3 ’20: $2.3BQ4 ’20: $3.3BQ4 ’20Q1 ’21: $2.7BQ2 ’21: $3.5BQ3 ’21: $3.6BQ4 ’21: $3.6BQ4 ’21Q1 ’22: $3.3BQ2 ’22: $2.9BQ3 ’22: $2.7BQ4 ’22: $3.2BQ4 ’22Q1 ’23: $3.8BQ2 ’23: $4.2BQ3 ’23: $4.0BQ4 ’23: $4.3BQ4 ’23Q1 ’24: $4.8BQ2 ’24: $5.0BQ3 ’24: $5.7BQ4 ’24: $5.3BQ4 ’24Q1 ’25: $5.1BQ2 ’25: $5.8BQ3 ’25: $5.6BQ4 ’25: $3.8BQ4 ’25Q1 ’26: $3.7Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 79.8%Other: 9.0%REIT: 7.3%Closed-End Fund: 3.9%
  • Common Stock · 79.8% · $1.8B
  • Other · 9.0% · $202M
  • REIT · 7.3% · $163M
  • Closed-End Fund · 3.9% · $87M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2018 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CB1ACONSTELLATION BRANDS INCNEW+454.0K454.0K+$80M$80M
WABWABTEC CORPNEW+1.01M1.01M+$74M$74M
PAHUSDELEMENT SOLUTIONS INCNEW+6.80M6.80M+$69M$69M
PLATFORM SPECIALTY PRODS CORSOLD OUT−6.72M0−$69M$0
EXPEAGLE MATERIALS INCSOLD OUT−876.9K0−$54M$0
GCPEURGCP APPLIED TECHNOLOGIES INCSOLD OUT−1.27M0−$31M$0
GTXGARRETT MOTION INCSOLD OUT−2.24M0−$28M$0
MGMMGM RESORTS INTERNATIONALADDED+1.58M3.66M+$43M$94M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2019

27 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TRLDAVITA INChistory →COM7.22%$162M2.98M
2OPLNKAR AUCTION SVCS INChistory →COM6.82%$153M2.98M
3ALTRA INDL MOTION CORPCOM6.46%$145M4.66M
4MFS1EURWELBILT INChistory →COM5.65%$127M7.73M
5HLTHILTON WORLDWIDE HLDGS INChistory →COM5.32%$119M1.43M
6AWIARMSTRONG WORLD INDS INC NEWhistory →COM5.29%$118M1.49M
7GLPIGAMING & LEISURE PPTYS INChistory →COM5.16%$116M3.00M
8MGMMGM RESORTS INTERNATIONALhistory →COM4.19%$94M3.66M
9GRA1EURGRACE W R & CO DEL NEWhistory →COM4.02%$90M1.16M
10VERSUM MATLS INCCOM3.95%$89M1.76M
11AABAUSDALTABA INChistory →COM3.89%$87M1.18M
12SERVUSDSERVICEMASTER GLOBAL HLDGS Ihistory →COM3.76%$84M1.81M
13CB1ACONSTELLATION BRANDS INChistory →CL A3.55%$80M454.0K
14SNASNAP ON INChistory →COM3.42%$77M489.7K
15WABWABTEC CORPhistory →COM3.32%$74M1.01M
16SPGIS&P GLOBAL INChistory →COM3.19%$72M339.9K
17PAHUSDELEMENT SOLUTIONS INChistory →COM3.07%$69M6.80M
18SENSATA TECHNOLOGIES HLDNG PSHS2.95%$66M1.47M
19FTVFORTIVE CORPhistory →COM2.90%$65M775.5K
20SRGSERITAGE GROWTH PPTYShistory →CL A2.82%$63M1.42M
21NUVERRA ENVIRONMENTAL SOLUTICOM PAR2.80%$63M7.06M
22HGVHILTON GRAND VACATIONS INChistory →COM2.38%$53M1.73M
23VICIVICI PPTYS INChistory →COM2.13%$48M2.18M
24MERCMERCER INTL INChistory →COM1.80%$40M2.99M
25EXELA TECHNOLOGIES INCCOM0.93%$21M6.24M
26IOUSDION GEOPHYSICAL CORPhistory →COM NEW0.66%$15M1.02M
27AXALTA COATING SYS LTDCOM0.10%$2M87.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$3.7B34May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$3.8B32Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$5.6B34Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$5.8B34Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$5.1B33May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$5.3B37Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$5.7B33Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$5.0B35Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$4.8B35May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$4.3B35Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$4.0B31Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$4.2B34Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$3.8B27May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$3.2B27Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.7B27Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.9B26Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$3.3B29May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.6B31Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$3.6B31Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$3.5B29Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.7B23May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$3.3B26Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.3B27Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$2.0B26Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.5B28May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$2.3B27Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$2.3B29Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$2.4B29Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.2B28May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.8B28Feb 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Gates Capital Management, L.P.028-16915

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.